Data as on 04th feb 2025

Bank Of India BALANCED ADVANTAGE FUND

  • Fund Type : An Open Ended Dynamic Asset Allocation Fund
    Entry Load : Nil
    Date of Allotment : March 14, 2014
    Features : Liquity SIP SWP STP
  • Benchmark :
    NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
    Exit Load :
    • For redemption/switch out of initial units allotted within 3 months from the date of allotment :1% Exit Load
    • Any redemption/switch out from the date of allotment of units after 3 months: NIL

Investment Objective

The Bank of India Balanced Advantage Fund aims at providing long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objectives of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Fund Manager

  • Alok Singh

    CFA and PGDBA from ICFAI Business School.

    Alok Singh  
    See detail

Fund Highlights

  • Open-ended dynamic asset allocation fund investing in both equity and debt.
  • Suitable for medium-term deployment of funds -Ideal for those who have an investment horizon of 2+ years.
  • The fund follows a dynamic asset allocation between equity and fixed income based on equity market valuations.
  • The fund can invest between 0-100% in equities and 0-100% in Fixed Income depending on market valuation expectation and trend. Upto 10% of the portfolio can be invested in units of InvITs / REITs
  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

The above Riskometer is based on the portfolio as on April, 2024.

This product is suitable for investors who are seeking*:

  • Long term capital appreciation
  • Dynamic asset allocation between equity and fixed income based on equity market valuations

Benchmark Riskometer : NIFTY 50 Hybrid Composite Debt 50:50 Index:

Benchmark Riskometer Nifty 50 Hybrid Composite Debt 50:50 Index TRI as on October 31, 2021.

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
National Bank For Agriculture and Rural Development 8.0%
HDFC Bank Limited 6.8%
Government of India 5.4%
Reliance Industries Limited 4.5%
ICICI Bank Limited 4.5%
Small Industries Dev Bank of India 4.0%
AU Small Finance Bank Limited 3.8%
State Bank of India 3.6%
Clearing Corporation of India Ltd 3.3%
Infosys Limited 2.7%

Credit Profile

65.7
Equity
12
AAA
5.4
SOV
3.9
InvIT
3.8
A1+
3.4
Others*
3.3
TREPS
2.4
MUTFUND

Asset Allocation

78.1%
Equity Holdings
8.1%
Cash & Other Receivables
4.8%
InvIT
4%
Government Bond And Treasury Bill
2.5%
Corporate Debt
2.4%
Mutual Funds/Exchange Traded Funds
  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance(Regular Plan – Growth)

Period Scheme Benchmark
1 yr -3.5 % 5.0 %
3 yrs 11.6 % 8.9 %
5 yrs 9.1 % 11.8 %

IDCW History(Regular Plan- Regular IDCW)

Record Date IDCW (`/Unit)
25-June-2018 0.02449771
25-June-2018 0.02449722
29-July-2021 0.40000000
29-July-2021 0.40000000
CLICK HERE TO VIEW THE IDCW HISTORY
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